Erik

kek

[eva Markets @Eva_Markets]

eva is working.

Thanks to eva assets, over $100k has been paid out to holders through the use of yield strategies with our partners.

Mint eva, deposit liquidity, start earning.

[DOG @keccakdog]

It may seem this way if you don't know the history. You can ask many prominent figures in this space, including the Aerodrome team and @wagmiAlexander -- I have a background in exposing/finding these scammers on DEXes, been 4+ years go look it up for yourself if you do not believe me. I'm not doing this because of being "salty" or anything. I'm tired of people getting scammed by the same bad actors over and over and over again, while people defend them.

I'm a signer on the Aerodrome and Velodrome multisigs, I don't know why you guys think Ramses is evil, we are nothing more than devco that is passionate about building genuinely decentralized and good products.

Would you just watch your friends get raped on the street by someone else and not say anything because a few loud mouths on twitter say otherwise?

[Pharaoh on AVAX @PharaohExchange]

Sunday morning Reading☕

You know p33, but do you REALLY know p33?

Learn everything there is to know about Pharaoh’s Liquid Staked Token, and how it can benefit you the most:

[lame🔺️hillbilly @LHBCrypto]

$PHAR is a bet on volatility not directionality

[Pharaoh on AVAX @PharaohExchange]

Pharaoh's next evolution is live.🔺

Experience Pharaoh DLMM pools and our all-new UI NOW at https://t.co/7tYRs2Vtv4 👇

[lame🔺️hillbilly @LHBCrypto]

Tune in for a sneak peak at the upcomming UI and DLMM features!

https://t.co/0Uj3EemE1j

[Pharaoh on AVAX @PharaohExchange]

DLMM pools are arriving on Pharaoh!

Pharaoh has now evolved into the most complete liquidity layer on Avalanche.🔺

With concentrated liquidity, DLMM, and legacy pools all in one place, Pharaoh is now the ONLY DEX IN DeFi built to support all 3 liquidity types.

Let’s talk about what makes this so monumental for Pharaoh and @Avax.👇🧵

[MCR @0xMCR]

@Ace_da_Book @NestExchange didn't you get fired for insider trading the VVV launch on aerodrome?

[Pharaoh on AVAX @PharaohExchange]

It’s a great time to redefine how liquidity flows on @Avax.🔺

The Pharaoh interface is getting cleaner, but the real upgrade is beneath the surface.

We’ve got a lot to show you this week, let’s start here:

[Ramses Stats @Ramsesstats]

Important difference between @RamsesExchange and @NestExchange :

Both use emissions to pay LPs, but the claim path is different with a very different trust model.

On Nest, gauge-level emissions are stored on-chain, but user-level LP claims depend on an off-chain signer. Users claim through GaugeRewarder with:

claim(totalAmount, deadline, signature)

The contract checks that the signature came from signer() before releasing $NEST.

That means Nest has a trust assumption in the emissions claim layer.

But what does it mean exactly?

->signer compromised -> invalid claims can be authorized up to the funded balance
-> signer offline -> new claims cannot be signed
->signer refuses to sign -> a user can be censored at the claim layer
-> admin changes signer -> same trust surface moves to the new key
-> That also means the displayed APR "can" be different than the realized claim.

$RAM does not have that off-chain signer step.

Ramses emissions flow through on-chain voter/gauge accounting. Allocation is derived from votes and gauge state, and LP rewards do not depend on a separate signer approving each user’s claim.

That is the design difference.

Nest manages rewards off-chain.

Ramses keeps the emission path on-chain. NO trust assumption. NO operational risk.

hyperliquid:native

[Pharaoh on AVAX @PharaohExchange]

For too long, LPs on @avax had to adapt to the market with limited tools.

That changes this week. 👀

[DOG @keccakdog]

If it wasn’t already patently obvious at this point, off-chain rewarding will NEVER be safe. DeFi is meant to reduce trust not increase it.

Security isn’t worth sacrificing there just to save gas on claims

[Pharaoh on AVAX @PharaohExchange]

Curveball incoming 👀

[DOG @keccakdog]

Lending markets have been around for a while, but this cycle they pretty much vamped the entirety of DeFi due to asymmetric targeted incentives.

Why? Because the TVL number is all that is cared about for most chains/teams. The most cost efficient way to get a lot of TVL is to incentivize these "single-stake" or lending primitives, where each $ of incentives produces many multiples of $ in tvl.

This is nice for pumping tvl of a chain, but how does this benefit the ecosystem/on-chain economy? The answer is it literally does not at all. Not even remotely.

Ever wondered why DEX tvl is so sparse nowadays? All stable pools and low volatility options still do not see the level of growth/usage as they did past cycles- mostly because the APR/earnings are not worth the "management" of LPing in the CL age.

For chains to truly grow, and have a real economy full of builders, you need to incentivize powerhouses onchain, which every stat on defillama basically shows you lives in the hands of exchanges.

Bringing power back to the DEX landscape will keep afloat many projects in the ecosystem through a ripple effect/trickle down.

I guess I'm biased as a DEX founder, but even as an LPer/farmer, it's almost impossible to find good incentives for LPing (on a chain level/fdn). All the incentives go to low velocity primitives, to make VCs and others happy.

[Pharaoh on AVAX @PharaohExchange]

Our new UI is just the surface.

What arrives WITH the UI is the real treasure for Pharaoh and the @Avax community.

Liquidity shouldn’t have one shape. We venture deeper together.

[DOG @keccakdog]

Ramses (@RamsesExchange) is one of the most audited Dexes of all time. $2,000,000+ securing our contracts.

Not a single other DEX on HyperEVM comes close to our rigor or experience.

Position accordingly with all the recent hacks.

[Pharaoh on AVAX @PharaohExchange]

The next evolution of Pharaoh on @avax is being built as you read this, and it’s even closer than you think.🔺

Join @LHBCrypto & @TopGunHatch on Pharaoh Happy Hour TODAY (May 27) at our new time of 1pm EST for a full discussion. 🎙��

Until then, here’s a sneak peek👀

[North @northpool9]

nah. didn't do your research on this one. we've been shipping since day 1.

- dynamic fees that adjust to volatility and trading volume in real time
- MEV capture module that redirects leaked arb value back to protocol participants. Backrun arbitrage engine to protect LPs from LVR and toxic external MEV
- anti JIT / exploitative liquidity protection
- delayed rewards so mercenary one block LPs cannot farm emissions without supporting flow
- DEX plus CEX volume aware fee logic, including Hyperliquid spot markets
- fee growth based rewards that favor real trade supporting liquidity
- xRAM / x(3,3), no forced four year locks, active participation instead
- 100% protocol fees to active xRAM governance participants
- hyperRAM AMO for redeem floor arbitrage and internal value capture
- AutoVaults for automated voting, claiming, routing, and reward conversion
- selectable reward tokens in AutoVaults: HYPE, USDC, ETH, USDT, BTC, etc
- algorithmic vote optimization via x33 methodology
- permissionless fee claim and burn mechanism
- custom fee splits by gauge and pool type
- active liquidity accounting for concentrated liquidity positions
- HyperEVM native HYPE rewards and buybacks
- HyperCore / HyperEVM arbitrage integration
- immutable and permissionless pools with audited access controls
- $ 2M+ spent on security coverage across Spearbit, Cantina, Consensys Diligence

And this doesn't cover any of the UI/UX innovations we've pushed over the years.

You're welcome.

[North @northpool9]

Hey @CryptoAlgebra

@NestExchange, same guys who rugged @arbitrum with Chronos, say they aren’t paying you after all.

Do you give your platform away for free or are they making false statements?

[RAMSES @RamsesExchange]

Would you invest in these charts?

Ramses is:
1⃣ The most audited DEX on HyperEVM
2⃣ Consistently the highest return to holders on HyperEVM (per DeFiLlama 1 year Holder Revenue)
3⃣ Most responsive team and active community

Did we miss something? Let us know in the comments: